Monroe Capital Income Plus Corporation Surveillance Report

Company Profile

Founded in January 2019 as a Business Development Company (“BDC”) incorporated in Maryland, Monroe Capital Income Plus Corporation (“MCIP” or “the company”) is a non-traded perpetual-life, continuously offered BDC headquartered in Chicago, IL with eight additional U.S. offices. MCIP provides capital primarily in the form of senior secured first lien loans, largely to lower-middle-market (“LMM”) companies in the United States. MCIP has elected to be treated, and intends to qualify annually, as a regulated investment company (“RIC”) for federal tax purposes.
MCIP is externally managed by Monroe Capital BDC Advisors, LLC, an affiliate of Monroe Capital LLC (“Monroe Capital”), a private credit strategies asset manager.
As a perpetual-life continuously offered non-traded BDC with no planned liquidity event, the company raises capital on a continuous basis from mostly accredited high net worth investors. The company provides shareholder liquidity…